Buy on dips for a target to 88.81, Stop below 87.79
Hi guys, this is a crucial zone on AUDJPY and i was monitoring this specific price level because we've had multiple structure points on the daily. Therefore i was looking for a buying opportunity, since the overall trend is bullish. When i went on the hourly chart i noticed a double bottom formation followed by a break of structure to the upside. This gives me...
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
Pending Long @ 87.60 Stop Loss @ 86.00 Target @ 93.00 RR Ratio @ 3.38 Trading involves substantial risk of loss. I'm just providing insight into what trades I'm taking.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
AUDJPY looks to be a long term buy on the daily time frame and it will probably test a few resistances again that were set a long time ago. So for now AUDJPY remains a big buy! What would validate a sell? Well a break of the lower range and a break of the previous resistance that just has been broken will validate a sell. So either hop on the bull train or have...
We hope that our analysis can help you in your trading. This is an update for AUD/JPY, it is predicting for PRICE BREAKOUT. It would be a great idea to BUY on 88.824 and place your TARGET at 89.322
Easy sell setup for AUDJPY. Going to the lower range and a chance on breaking it. Lower range is about 120 pips down. so when it gets there lock in 80 pips of profit by moving your stop loss and then wait to see if it breakout and goes all the way down to 85
Buy above 85.60. Stop loss at 84.88. Take profit at 86.97. Reason for the trading strategy (technically): Price is right on our buying area. We remain bullish above major support at 85.60 (Fibonacci retracement, horizontal swing low support, Fibonacci extension) and we look to buy on weakness at this level for a bounce to at least 86.97 resistance (Fibonacci...
Wait for the price to break above the trend line and make a retracement/pullback (as shown in figure). Follow me on Twitter: twitter.com Like me on Facebook: www.facebook.com
AUDJPY has started a new uptrend and I am looking to ride the trend from the retracement. Today I was able to ride the trend using my own modification of the U-Rider system which I learned from a friend who's into Stock Market Trading. Since it is clearly on an uptrend, I waited for the retracement around 38.2 Fibonacci level where the price also touched the 10...
Last time, the AUD/JPY trade did not qualify. But it's better to be in the sideline rather than loosing right? This time, the trade is already qualified . We can enter now. Confluence of Support: # Equidistant Channel Support. # Multiple Bullish Harmonic Pattern Support. # Pitchfork Support. Confirmations for Entry: # MACD Regular Bullish Divergence. #...
Buy above 81.90. Stop loss at 81.67. Take profit at 82.90. Reason for the trading strategy (technically): Price has once again dropped to our support level. We remain bullish above major support at 81.90 (Fibonacci extension, horizontal swing low support, bullish divergence) and we expect a strong bounce above this level to at least 82.90 resistance (Fibonacci...